Capitolis cuts workforce by 25% as bear market bites

Recent senior hires including James Kibbe and James Reilly are among the departures

stock market down

Fintech firm Capitolis is laying off 25% of its staff as depressed markets stifle the growth of its recently launched capital marketplace unit, which connects institutional investors with banks in need of funding and capital.

The departures include James Kibbe, co-head of equity finance.

At least three other senior employees in the capital marketplace business – James Reilly, head of equity and total return swaps funding solutions, Alan Siegler, vice president for structuring and Robert Paige

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: